Golar LNG
GLNG
#3283
Rank
$3.60 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$34.49
Share price
0.50%
Change (1 day)
46.64%
Change (1 year)

Operating Margin for Golar LNG (GLNG)

Operating Margin as of July 2024 (TTM): 48.20%

According to Golar LNG 's latest financial reports and stock price the company's current Operating Margin is 48.20%. At the end of 2022 the company had an Operating Margin of 372.01%.

Operating Margin history for Golar LNG from 2003 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022372.01%-21266.56%
2021-1.76%-180.49%
20202.18%-115.39%
2019-14.19%556.1%
2018-2.16%-97.38%
2017-82.44%-68.61%
2016-262.62%36.18%
2015-192.85%230.26%
2014-58.39%-148.81%
2013119.62%203.51%
201239.41%72.6%
201122.83%2972.91%
20100.74%-95.15%
200915.31%-9617.55%
2008-0.16%-100.36%
200745.20%71.99%
200626.28%77.24%
200514.83%-52.32%
200431.10%-12.16%
200335.40%86.76%
200218.95%242.07%
20015.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
32.01%-33.59%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-41.38%-185.85%๐Ÿ‡จ๐Ÿ‡ฆ Canada
31.84%-33.94%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
-45.04%-193.44%๐Ÿ‡จ๐Ÿ‡ฆ Canada
40.77%-15.41%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
-89.63%-285.95%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.